United Kingdom targets surge in offshore wind power

  • United Kingdom targets surge in offshore wind power

United Kingdom targets surge in offshore wind power

Offshore wind now represents about $26 billion in annual investments - or 8 percent of new global investments in clean energy - and this proportion is set to increase dramatically, with about $500 billion expected to be invested in offshore wind projects by 2030.

Top manufactures include for Floating Offshore Wind Power market such as: ABB, Siemens, MHI Vestas Offshore Wind, Doosan Heavy Industries and Construction, General Electric Company, Nexans, A2 SEA, Eew Group, Senvion, Adwen.

The Global Wind Atlas, developed in partnership by ESMAP and Department of Wind Energy at the Technical University of Denmark and with 30km coverage offshore at 250m resolution, is a key resource that can help policymakers and investors identify potential high-wind areas for wind power generation virtually anywhere in the world.

"This new Sector Deal will drive a surge in the clean, green offshore wind revolution that is powering homes and businesses across the United Kingdom, bringing investment into coastal communities and ensuring we maintain our position as global leaders in this growing sector".

Energy UK's chief executive, Lawrence Slade, said: 'Today's sector deal, and continued investment from industry, will create a global offshore wind market set to be worth £30 billion a year by 2030 and further cement the UK's position as a world-leader in offshore wind.

Britain wants offshore wind farms to provide one third of the country's electricity by 2030, the government announced Thursday, at a time when its nuclear energy ambitions are stumbling.

The Co-Chair of the Offshore Wind Industry Council and Ørsted UK Country Manager for Offshore, Benj Sykes, said: "This relentlessly innovative sector is revitalising parts of the country with transformational, sustainable opportunities, especially coastal communities, from Wick in the north of Scotland to the Isle of Wight, and from Barrow-in-Furness to the Humber".

North East England's supply chain is "fit and ready" to support the growth of offshore wind that the new UK Sector Deal will bring, according to Energi Coast.

In return, the industry has committed to increase the share of British content in new projects to 60 per cent, from about 48 per cent in recent years.

In the same timeframe, exports to Europe, Japan, South Korea, Taiwan and the US will increase five times, to $3.4 billion per year.

But Greenpeace said that renewables needed to be scaled up even more. Over a quarter of engineering construction companies support the renewable energy sector and, as the statutory skills body for the engineering construction industry, we have a crucial role to play in developing the workforce to meet current and future demand.

The offshore wind "revolution" will mean nearly a third of homes and businesses will be powered by offshore wind, and more than two thirds by low-carbon sources including. Alongside the deal, the government will provide more than £4m for British businesses to share expertise globally and open new markets through a programme to help countries such as Indonesia and Pakistan avoid coal power and develop their own offshore wind projects.